Iran Government

Iranian Regulators Plans to Ban Bitcoin as Payment

Iranian Regulators plan to set up their own cryptocurrency as it plans to ban Bitcoin and other cryptocurrencies as a medium of payment inside the country. The Iranian parliament proposed a regulation against the cryptocurrency usage within the country. Ban of Bitcoin as a Payment Option On July 2nd, Iranian

July 4, 2021 2 mins read

Licensed Crypto Miners in Iran Suffers Power Shut Down

The Iranian Government announces to plug-out the power for cryptocurrency miners due to over consumption of power. Illegal crypto mining affects the licensed digital currency miners. Unauthorized Crypto Miners consumes more power Iran worries about crypto mining centers consuming more power. This results in the shortage of electricity faced by

May 24, 2021 2 mins read